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Apple Inc. Message Board

  • seabow9981 seabow9981 Jan 31, 2013 2:58 PM Flag

    No big block sales today, only purchases.

    TIME TRADE PRICE VOLUME
    Jan 31, 2013 01:56 PM BOUGHT $456.50 24500
    Jan 31, 2013 10:28 AM BOUGHT $457.50 20250

    Sentiment: Strong Buy

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    • So some big funds are adding to or establishing positions, at these lowest in a year prices. If you're right there were only big block purchases and not sales today. It makes sense for the long haul. Where else can you buy a company trading for little more than 2X the Cash it will have by year-end 2013 (estimated $190 billion by then).

      Don't forget Apple can make 5 - 10% per year just on its Cash invested in securities.

 
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